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ARRAY DIGITAL INFRASTRUCTURE, INC. — Director's Dealing 2024
Apr 8, 2024
31133_dirs_2024-04-08_a7c11a78-3160-4f5c-8ab7-a71d78956af0.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: UNITED STATES CELLULAR CORP (USM)
CIK: 0000821130
Period of Report: 2024-04-05
Reporting Person: Lowell Kevin R (EVP, Chief People Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-04-05 | Common Shares | M | 8689 | — | Acquired | 34949 | Direct |
| 2024-04-05 | Common Shares | M | 7821 | — | Acquired | 42770 | Direct |
| 2024-04-05 | Common Shares | F | 5173 | $35.50 | Disposed | 37597 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-04-05 | Restricted Stock Units | $ | M | 8689 | Disposed | Common Shares (8689) | Direct | |
| 2024-04-05 | Performance Shares Units | $ | M | 7821 | Disposed | Common Shares (7821) | Direct |
Footnotes
F1: On April 5, 2021, reporting person was granted Restricted Stock Units (RSUs) under the United States Cellular Corporation Long-Term Incentive Plan that vest on the third anniversary of the grant date. This transaction reports the vesting of the RSUs.
F2: On April 5, 2021, reporting person was granted Performance Stock Units (PSUs) under the United States Cellular Long-Term Incentive Plan. Based on company performance the PSUs were adjusted for performance and certified by the Long-Term Incentive Compensation Committee on February 14, 2024, and became time-based. This transaction reports the vesting of the PSUs.
F3: Shares withheld to pay for taxes on RSU and PSU vestings.